New Home SalesCENSUS
646K
U.S. Housing Market · 1976
U.S. Housing Market in 1976
Existing SalesNAR
3.06M
Median PriceNAR
$38,100
30Y MortgagePMMS
8.87%
In 1976, the U.S. housing market recorded existing-home sales averaged 3.06 million, new-construction sales of 646K, and a 30-year fixed mortgage rate of 8.87%.
Existing-home sales rose 23.4% from 1975. the median existing-home price rose 7.9% to $38,100. the 30-year fixed mortgage fell 0.18 percentage points to 8.87%.
By the numbers — 1976: new-home sales 646K, existing-home sales 3.06M, median existing price $38,100, 30-year mortgage rate 8.87%.